TALLY 9.0 WITH ERP NOTE STEP BY STEP Accounting is an art of recording, classifying, summarizing and interpreting the results of events present in an organization in monetary and non monetary value. Recording :- The process of putting information in a specific book is known as recording. Classifying :- The process of discussing more about the recorded information is known as classifying. Summarizing :- The process of making a summary statement over classified information is known as summarizing. Interpreting:- The process of preparing the final statement over all above statements is known as interpreting. The other name of recording is ‘Journal’. The ...